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U.S. Government Will Trade Some Gold for Bitcoin — What It Means
In a bold move, the U.S. government has announced plans to use part of its gold reserves to buy more $BTC A White House official said this could be done in a “budget-neutral” way—meaning taxpayers won’t cover the cost . This comes after an executive order in March to create a Strategic Bitcoin Reserve and a Digital Asset Stockpile .
Here’s how it works: the U.S. could sell gold certificates or use an accounting “re‑valuation” of gold to free up funds without taking on new debt . These resources would then be used to purchase Bitcoin, treating it as a new type of national reserve—much like gold itself.
Why does this matter?
• Boost in $BTC price – When a government of this scale invests, markets usually react by pushing the coin’s price higher.
• Diversification of assets – Gold has been the go-to backup for decades. Adding Bitcoin gives more variety and modern flexibility, like a digital counterpart to gold.
• Growing legitimacy – The move signals that cryptocurrency is now officially seen as a strategic asset .
In short, by trading gold for Bitcoin, the U.S. is aiming to modernize its reserve strategy. This could help drive Bitcoin’s value up — especially as the world watches closely